Additional benefit on death/disability of Government servant covered by New Pension System- clarification regarding.
RBE No.96/2014
GOVERNMENT OF INDIA (BHARAT SARKAR)
MINISTRY OF RAILWAYS (RAIL MANTRALAYA)
(RAILWAY BOARD)
No.
2012/F(E)III/1(1)/4 New
Delhi, Dated: 03 09.2014.
The GMs/FA&CAOs,
All Indian RailwayslProduction Units/RDSO.
(As per mailing list)
All Indian RailwayslProduction Units/RDSO.
(As per mailing list)
Subject:
Additional benefit on death/disability of Government servant covered by New
Pension System- clarification regarding.
A copy
each of the Ministry of Finance. Department of Financial Services O.M
No.11/23/2013-PR dated 21.05.2014 and the Pension Fund Regulatory and
Development Authority (PFRDA)’s letter No.PFRDA/24/FXIT/10 dated 22.08.2014 is
enclosed for information and compliance. These instructions shall apply mutatis
mutandis on the Railways also
2. The
Department of Pension & Pensioners’ Welfare (DOP&PW)’s OM dated
05.05.2009 and the PFRDAs circular No.PFRDA/2013/2/PDEX/Z dated 22.01.2013
mentioned in the Ministry of Finances OM dated 21.05.2014 were circulated to
the Zonal Railways vide Boards letter No.2008/AC-II/21/18 dated 29.05.2009 and
letter No.2010./AC-II/21/18 dated 02.02.2013 respectively.
3. Please acknowledge receipt.
sd/-
(Amitabh Joshi)
D.A.:
Two. Deputy
Director Fi V ce (Estt.)III,
Railway Board.
Ph.No.23383239
-----------------------------------------------------------------------------------
No.11/23/2013-PR
Government of India
Ministry of Finance
Department of Financial Services
Jeevan Deep Building, Parliament Street
New Delhi. dated 21st May, 2014
Office Memorandum
Subject:
Additional benefits on death/ disability of Government servant covered by
National Pension System (NP5)- clarification -reg.
The
undersigned is directed to refer to Railway Board, Ministry of Railways OM No.
2012/F(E)III/1/4 dated 14th January 2013 on the subject above and to say that
the comments of this Department on the Ministry of Railways’ reservations as
under Para 3 of above OM, are as under:
"The
PFRDA s clarification that the benefit granted vide the Department of Pension
& Pensioners’ Welfare (DPPW) OM. dated 05. 05 2009 are over and above the
benefits admissible under Notional Pension System (NPS), needs to be modified
to the extent that the employee or the legal heirs of the employees. who wish
to opt for pension or family pension as per the DPPW order; can not avail of
two pension related benefits under the NPS and CCS (Pension) Rules. 1972
simultaneously."
2. For any further clarification on the DPPW OM dated 05th May 2009, Ministry of Railways may kindly get in touch with the DPPW itself.
3. This issues with approval of Joint Secretary, Departrnentof Financial services, Ministry of Finance.
(Surinder Kaur)
Under Secretary to the Government of India
PENSION FUND REGULATORY AND DEVELOPMENT AUTHORITY
1st Floor, ICADR Building, Plot No. 6.
Vasant Kunj Institutional Area,
Phase - II, New Delhi - 110070
Venkateswarlu
Peri
General Manager
PFRDA/24/EXIT/10
General Manager
PFRDA/24/EXIT/10
22nd Aug, 2014
Mr. Amitabh Joshi
Deputy Director Finance (Estt.)III,
Railway Board,
Ministry of Railways,
Rail Bhawan, New Delhi-01
Deputy Director Finance (Estt.)III,
Railway Board,
Ministry of Railways,
Rail Bhawan, New Delhi-01
Subject:
Additional Benefits on death/disability of Government servant covered by NPS
Dear Sir,
This has
reference letter No. 2012/F-El‘ (lll)/1/4 dt. 30”‘ June, reference the OM
No. 11.23/2013 dt. 21th May, 2013 with respect to Railway Board, Ministry
of Railways OM No. 2012/F(E)lll/1/4 dated 14th January 2013 on the subject
cited above.
In this
regard, we wish to inform you that we have included the same in our proposed
Exit Regulations and which shall ensure that in case if the government or
government authority or entity registered as government sector) (as employer)
under the NPS with the central record keeping agency (ORA) provides any
additional relief or benefit to the family members of a deceased NPS
subscriber/subscriber due to any ground like invalidation leading to loss of
employment in lieu of the benefits available under National Pension System, the
claimants to the accumulated pension wealth of the deceased
subscriber/subscriber would be free to avail such benefits subject to the
condition that they specifically agree and undertake to transfer the
accumulated pension wealth to the Government dept unconditionally’.
We have already provided this information t.o Department of Financial Services (DFS), vide letter no. PFRDA/24/101E-82, dt. 13* July 2014, copy of which is enclosed herewith for your information.
Yours faithfully,
sd/-
Venkateswarlu Peri
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